It has been four straight years of record growth for Mazda’s certified pre-owned program, which said it has increased its sales 260 percent since 2010. And with this pace of growth outpacing the overall industry’s rate of improvement, Mazda’s CPO market share has jumped 1.2 percent in the same time frame. It was 2010, of […] [Read More]

The American International Automobile Dealers Association gave members three ways to complete the organization’s annual survey along with the chance to win an iPad Air. AIADA is giving away two tablets to members who complete the survey, which leadership described along with its appeal for dealer participation. “At AIADA, our members play a key role […] [Read More]

Group 1 Automotive announced it has expanded its dealership count in Southern California. The auto retailer has acquired Heller Ford and Heller Hyundai in Southern California.  The dealerships, which will operate as Ford of Escondido and Hyundai of Escondido, are expected to generate $135 million in estimated annual revenues, the company shared. "Beginning 2014 with […] [Read More]

Thanks to a deal between the two companies announced this morning, dealers can now choose to include Experian Automotive’s AutoCheck vehicle history reports with their used-car listings on Cars.com. “Vehicle history reports build consumer confidence by validating the quality and condition of a dealership’s inventory, and they give dealers a competitive advantage to get potential […] [Read More]

Baby, Betsy, Bessie, Black Beauty, Betty. What do all these words have in common? According to a new report from DMEautomotive, these are the top vehicle names out there. In fact, one in four vehicle nicknames begins with the letter “B”. And who is most likely to assign nicknames to their new rides? According to […] [Read More]

One segment of the pre-owned market that rose to unprecedented levels in 2013 was certified pre-owned. With CPO sales representing about 19 percent of all franchised dealers used-vehicle sales as reported in December, according to Edmunds.com, it seems the certified vehicle is becoming a more integral part of a dealership’s used-car department. What’s more, the […] [Read More]

CarMark Certified, which changed to a new administrator earlier this month, announced recently that it is revamping its certified warranty program, adding new features and benefits that will make the program more appealing to dealers and consumers alike.  This new program is to be announced by the end of 2014’s first quarter, said Bill Zadeits […] [Read More]

Holman Automotive and fleet services provider ARI raised almost 30,000 this fall through a variety of charitable efforts. Officials explained the two partnered to raise $29,000 through October, November and December of last year. These initiatives included a variety of charity walks, participation in the global “Movember” movement and donations to the Food Bank of […] [Read More]

Toyota sold more than 370,000 certified pre-owned vehicles in 2013. One sale in particular, however, was fairly momentous for the automaker — and for the lucky customer. In December, Jose Ortiz of Ypsilanti, Mich., bought a certified 2010 Toyota Matrix from Dunning Toyota in nearby Ann Arbor.   This marked the 4 millionth CPO vehicle […] [Read More]

Volvo Cars of North America has a new president and chief executive officer. In a move that was effective immediately, Volvo Car Group announced Monday that its new North American chief is Tony Nicolosi, who was most recently president and CEO of Volvo Car Financial Services. Nicolosi will keep his position as president and CEO […] [Read More]